My wife and i are almost 2 years into our iva set up with debt free direct.
We would just like to highlight a few frustrations that we have encountered with them along the way.
When the iva was accepted you are advised to notify them of any changes in your income/expenditure.From last May,our review month,to the end of the year we had an increase of £85 in our monthly mortgage and gas direct debit.Every time there was an increase we wrote to them with proof of the extra expenditure,but paid the money as required.It was just like the pre iva days,robbing Peter to pay Paul.
In all that time we never had any response from them not even aknowledging the letters we had sent.Then during December we had a call from their variations team asking us if we wanted them to do an assesment of our income /exp to see if we could still afford our iva payements.We agreed and sent everything off to them in early January,along with proof of my rather nice 13% pay rise that came in to effect on 1st January.
We knew my pay rise would have an effect on our monthly repayments,but when we had the results of the variations review we found that they were using our original almost 2 year old figures to conduct there findings,and not the ones provided at our annual review last May,but what was probably most frustrating was the fact they still had us down as paying £551/month and not the £631 we have been paying since May.
My wife rang them to discuss their findings and ask a number of questions that we felt needed to be answered.It appears all the extra money we had been paying to cover the mortgage and gas costs are simply gone and forgotten,because we did pay it ment we could afford to pay it,no matter which pot we took the money from.
The upshot of there variations review is that now we have to pay £681/month,because of my pay rise.
We feel we are trying to do things by the book,but DFD have to be one of the poorest companys for communicating with their clients that frankly we wouldn't recommend them to anyone trying to escape from their finacial nightmares.